VTR Vtr

    RNS Number : 1059W
  VTR PLC
  05 June 2008
   

    VTR plc ("VTR" or the "Company") 
    Issue of Equity 
    The board of VTR plc today announce the issue and allotment of 2,525,252 new ordinary shares in the Company to Prime Focus Limited, a
major shareholder in VTR, as settlement of an inter-group loan in conjunction with the acquisition of Machine Effects Limited, details of
which were announced on the 22 January 2008. As a result Prime Focus Limited will own 19,567,003 ordinary shares in the Company,
representing 59.96 per cent. of the enlarged issued share capital of VTR. 
    Accordingly, application has been made for the 2,525,252 new ordinary shares to be admitted to trading on AIM and it is expected that
admission will take place on 11 June 2008.

    The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share
capital of the Company will increase to 32,631,528 ordinary shares.

    Contacts

    Tony Bradley                 VTR plc
    Head, Group Communications    020 7437 0026

    Anshul Doshi                 VTR plc 
     Group Managing Director &
     Finance Director                       020 7437 0026

    Philip Davies                  Charles Stanley Securities         020 7149 6000
    (Nominated Adviser)

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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